PM asks for ADB’s loans for gender equality projects in Vietnam
Prime Minister Nguyen Xuan Phuc has asked the Asian Development Bank (ADB) to finance gender equality projects aside from infrastructure construction in Vietnam.
Prime Minister Nguyen Xuan (R) meets with ADB Country Director Eric Sidgwick on December 2 (Photo: VNA)
Hanoi (VNA) – Prime MinisterNguyen Xuan Phuc has asked the Asian Development Bank (ADB) to finance genderequality projects aside from infrastructure construction in Vietnam.
Receiving ADB Country Director for VietnamEric Sidgwick in Hanoi on December 2, he thanked ADB for approving a plan onsupporting Vietnam with 1-1.5 billion USD in the next four years.
In particular, the bank decided to provide450 million USD for Vietnam in 2016 and 2017, which will help the country easethe burden on its State budget, he noted.
PM Phuc noted as Vietnam’s economy willface a number of difficulties and challenges, especially in the next couple ofyears, the country wants to receive more assistance from ADB.
He also suggested the bank give financialassistance to Cambodia, Laos, Myanmar, Thailand and Vietnam within theframework of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy,and within the cooperation framework of Cambodia, Laos, Myanmar and Vietnam(CLMV) to build infrastructure linking these countries, especially the Vientiane-Hanoiexpressway linking the two capital cities of Laos and Vietnam.
Eric Sidgwick said as Vietnam has alreadybeen a middle-income country, it can no longer get loans with low interestrates. However, ADB is always ready to listen to Vietnam’s needs so as toassist its socio-economic development.-VNA
The Asian Development Bank (ADB) in Vietnam, on October 11, released a new partnership strategy with the country, which aims to help Vietnam implement its Socio-Economic Development Plan for 2016–2020
The Asian Development Bank and Vietnam have signed a loan agreement worth 231.3 million USD that will help the country construct and upgrade its power transmission networks in the southern region.
The Asian Development Bank is committed to supporting Vietnam in stabilizing macroeconomics, curbing inflation, sustaining economic growth and achieving the upper middle income status in next 20 years
The Asian Development Bank (ADB) plans to provide another loan worth 500 million USD for Metro 2 project in Ho Chi Minh City, said ADB Vice President Stephen Groff.
The Asian Development Bank (ADB) is one of the most important partners in providing capital, technical assistance and policy advice to Vietnam, Prime Minister Nguyen Xuan Phuc said at the 50th anniversary of the establishment of the bank.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
Prime Minister Nguyen Xuan (R) meets with ADB Country Director Eric Sidgwick on December 2 (Photo: VNA) 
